SOMFY - Annual financial report 2018

08 PARENT COMPANY FINANCIAL STATEMENTS

BALANCE SHEET AT 31 DECEMBER 2018

BALANCE SHEET - ASSETS —

31/12/18 Net

31/12/17 Net

€ thousands

Non-current assets Intangible assets

1 –

1 –

Property, plant and equipment

Financial assets

409,355 409,355

414,061 414,062

Total Non-current assets

Current assets Inventories and work-in progress

–

–

Trade receivables

1,205

325

Other receivables and accruals

77,776 111,893 191,389 382,264 791,619

75,151 98,068 121,132 294,677 708,739

Marketable securities and term deposits

Cash and cash equivalents

Total Current assets

TOTAL ASSETS

EQUITY AND LIABILITIES — € thousands

31/12/18

31/12/17

Shareholders' equity Share capital

7,400 1,866

7,400 1,866

Merger and issue premium

Reserves Net profit

483,427 98,241 590,934

420,962 107,111 537,339

Total Shareholders’ equity

Provisions for liabilities and charges Liabilities Borrowings and financial liabilities

7,756

6,968

5,876 2,785

205

Trade payables

3,988

Other payables and accruals

184,268 192,929 791,619

160,239 164,432 708,739

Total Liabilities

TOTAL EQUITY AND LIABILITIES

PROPOSED ALLOCATION OF 2018 PROFIT

Euros

Euros

Source Retained earnings from prior years

Allocation Dividends

3,454,549.80 98,241,162.81 – 101,695,712.61

51,800,000.00

Net profit for the year

Legal reserve

–

49,895,712.61 101,695,712.61

Legal reserve

Optional reserves

127

SOMFY – ANNUAL FINANCIAL REPORT 2018